CHICAGO: US soybean futures fell 1.5 percent on Wednesday, retreating from a three-week high notched Tuesday as the dollar rose, traders said. Outlooks for the driest areas of Brazil’s crop region calling for rain this week and the falling crude oil market also hurt soy prices. Read More
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IOWA CITY, Iowa (AP) — U.S. Bank will pay $ 18 million to settle a lawsuit alleging that its lax oversight enabled the founder of one of the nation’s largest brokerages to embezzle $ 215 million from customers, a judge ruled Wednesday. The payment will go to customers who had accounts to trade domestic commodities Read More
* Crude falls after 4-day rally * ADP employment falls short of expectations * Merck down after earnings, Disney climbs * Futures off: Dow 18 pts, S&P 6.25 pts, Nasdaq 14.5 pts (Adds ADP data, quote) By Chuck Mikolajczak NEW YORK, Feb 4 (Reuters) – U.S. stocks were poised to dip at the open on Read More
* Crude falls after 4-day rally * ADP employment data on tap * Futures off: Dow 32 pts, S&P 7 pts, Nasdaq 15.25 pts By Chuck Mikolajczak NEW YORK, Feb 4 (Reuters) – Dow Futures dipped on Wednesday, after a two-day rally for the S&P 500 ahead of data on the labor market and the Read More
* Staples (NasdaqGS: SPLS – news) , Office Depot (NasdaqGS: ODP – news) in advanced merger talks – WSJ * Aetna (NYSE: AET – news) posts Q4 results, raises 2015 outlook * Futures up: Dow 40 pts, S&P 4.25 pts, Nasdaq 5.25 pts (Adds oil gains, updates prices) By Chuck Mikolajczak NEW YORK, Feb 3 Read More
* Staples, Office Depot in advanced merger talks – WSJ * Aetna posts Q4 results, raises 2015 outlook * Futures up: Dow 46 pts, S&P 6.25 pts, Nasdaq 9.5 pts By Chuck Mikolajczak NEW YORK, Feb 3 (Reuters) – Dow Futures climbed on Tuesday, with the benchmark S&P 500 index set to continue a rally Read More
U.S. stocks were mixed Tuesday, with the Dow Jones Industrial Average and the S&P 500 barely higher and the Nasdaq 100 slightly in the red after the new left-wing Greek government dropped plans to seek a write-down on its debt and instead suggested swapping debt for securities that are tied to economic growth. In Read More
CHICAGO: US wheat futures dropped to a four-month low on Monday while corn and soybeans hovered near multi-month lows as large crop inventories kept a lid on prices. Traders focused on hefty grain supplies as crop weather improved in South America, with scattered showers in Brazil easing concerns about drought curtailing soybean yields. Farmers in Read More
Crude oil, SPY, UUP, and gold ETFs react to the FOMC and US dollar (Part 3 of 5) (Continued from Part 2) PowerShares DB US Dollar Index Bullish ETF (UUP) The PowerShares DB US Dollar Index Bullish ETF (UUP) consists of long US dollar index or USDX futures contracts. The measure of the US dollar’s price Read More
View photo . REUTERS/Richard Carson Workers from the United Steelworkers (USW) union outside the Shell Oil Deer Park Refinery in Deer Park, Texas, on Sunday. Here’s what you need to know in markets for Monday. Oil workers strike across the US. “Union workers were on strike for a second day on Monday at nine US Read More